Purchase price: $260,000 Cash invested: $50,000 Vacation rental What made you interested in investing in this type of deal?

This is a common strategy, but it's important to note that because the mortgage remains in your name, your DTI is still affected.If you opt for a commercial loan, which typically comes with a higher interest rate and a 20-year amortization, you can purchase the property directly in an LLC.

I’m leaning towards purchasing it in the next 24-48 hours.  

That will determine the amount of effort you put into your business structure.  

All of my current rentals cost about the same to purchase ($215-265K), but cash flow is so different and current house prices are as well ($325-600K)...and the one I spent the most for and cash flows the most, is now the one worth the least (still worth more than I paid for it 3 years ago).

As long as you purchase at least as much as 75% of the net sale. 

I recently bought a property am living in it and after a year plan on classifying it as a rental. During that transition phase once i get rental income what should i begin to account for or change or tell my CPA to ma...

The current sellers are open to living in the current home we will be buying for up to 6 months and can pay me rent during that time (like a leaseback) , can I combine that with a bridge loan for (6-8) months to get me past that period.id assume my loan wouldn’t be the same rate as no longer could it be for a primary residence as they’d still be living in it.If i purchase the home and do a lease back for 6 months to the new hluse they are building is finished would I even need a bridge loan?

.  Buyers always came up with funds to purchase the property, which then went to pay the commissions.

Your post is under the house-hacking section, do you plan to house-hack and live in this property that you purchase in Jacksonville.If you are planning to live here in Jacksonville, it is important to choose a good neighborhood that you would enjoy living in.I personally like the 5 points/riverside, San Marco and Southside/Baymeadows area.These areas have more resturants/activities than other parts of Jacksonville in my opinion.